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Islamic Finance Briefing - Categorized | Banking, New Launches, People more

Amir inaugurates Warba Bank

Posted on 24 May 2012

Under the patronage and attendance of His Highness the Amir Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, Warba Bank celebrated its official launch during a ceremony at Salwa Sabah Al-Ahmed Ballroom. The bank started operating during the first quarter of 2012 with the opening of four branches.
Warba Bank came into existence with the issuance of an Amiri decree and has been registered in the Islamic Banks’ register of the Central Bank of Kuwait since April 5, 2010. The government, represented by the Kuwait Investment Authority (KIA), owns 24 percent of the bank’s total capital………………………………………..Full Article: Source

 
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